Reference no: EM133162854
Objective of Assignment
- Analyze human resources demand to how a forecast using quantitative and qualitative techniques.
- Use strategies to forecast internal human resources supply.
- how a human resources plan and describe ways to deal with a human resources surplus and/or shortage.
- Develop business communication skills (written and verbal).
Required Materials
- Dessler, G., &Chhinzer, N. (2020).Human resources management in Canada(14thCanadian ed.). Pearson Canada Inc.
- ISBN-13:978-0-13-485619-3
- Chapter 5
Case Incident: How to Downsize Successfully While Using HRP Fundamentals
A successful franchise owner of a prestigious sporting goods chain is feeling the effects of technology, with more and more online sales and less and less customers in the shops. Locally there are three stores, and typically each store needs the following positions staffed for optimum profitability and success:
- a store manager
- an assistant manager
- five department managers
- and 20 customer service representatives,
averaging $1 200 000 in annual revenue. However, there has been a trend of 20 percent sales decline in stores, with an increase of 30 percent sales online (last year the online revenue stream was $300 000). The franchise owner was able to handle all of the online sales with a team of five full-time remote workers (working from home) last year.
The owner wants each store to maintain its productivity, which he measures as the revenue per employee. He also thinks that there is potential to grow the online business.
Please help the owner by answering the following questions.
Instructions
Research
Conduct research in order to get information to address the following questions. Ensure you use some of the qualitative and quantitative techniques described in the course textbook to help formulate your answers.
a. Using your HR planning expertise, forecast the demand of labour in the stores and the online environment over the next three years.
b. Assuming an annual 15 percent turnover level of in-store workers and a 30 percent turnover level of online-focussed employees, determine overall HR supply estimates over the next three years.
c. Report the number of employees that will be surplus or shortages for each part of the business and for each year.
d. Report the numbers of any employees that will need to be terminated each year and the services that should be provided for them.
e. Additionally, provide some suggestions of activities you could engage in to determine supply details by internal vs. external candidates.
Do you forecast a labour shortage or surplus? Develop a clear plan to help address the forecast labour shortage or surplus
Business Report
You are to gather the information and set down a business report which documents the results of your research above and presents it in a logical manner for senior management of the franchise.
a. Long explanation with references
b. proper introduction that clearly outlines the purpose and flow of the essay, and a strong conclusion are important elements.
d. You must also provide appropriate academic references (minimum 2) to support your conclusions or recommendations to the owner. They should be vetted journal articles and company prospectus information rather than Internet sources.
e. Remember, your objective is to provide an analysis on the labour forecast and turnover for the franchise owner, not simply to answer a series of questions. The questions are to help you focus your research. Your overall grade will reflect the strength of your analysis.